Arvest Investments Inc. Sells 4,103 Shares of iShares Russell 1000 Value ETF $IWD

Arvest Investments Inc. lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,932 shares of the exchange traded fund’s stock after selling 4,103 shares during the quarter. Arvest Investments Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Matrix Asset Advisors Inc. NY increased its position in iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 6,272 shares of the exchange traded fund’s stock valued at $1,277,000 after acquiring an additional 72 shares during the period. Abner Herrman & Brock LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth $305,000. Brighton Jones LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the third quarter. Brighton Jones LLC now owns 34,090 shares of the exchange traded fund’s stock worth $6,940,000 after purchasing an additional 280 shares during the last quarter. TCI Wealth Advisors Inc. increased its holdings in iShares Russell 1000 Value ETF by 29.6% in the third quarter. TCI Wealth Advisors Inc. now owns 7,279 shares of the exchange traded fund’s stock valued at $1,482,000 after purchasing an additional 1,662 shares during the period. Finally, Fifth Third Securities Inc. increased its holdings in iShares Russell 1000 Value ETF by 0.6% in the third quarter. Fifth Third Securities Inc. now owns 8,543 shares of the exchange traded fund’s stock valued at $1,739,000 after purchasing an additional 55 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.4%

Shares of NYSEARCA:IWD opened at $209.88 on Monday. The firm has a market cap of $66.76 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $213.53. The business has a fifty day simple moving average of $206.30 and a 200 day simple moving average of $200.80.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.